Examlex

Solved

Ken Develops a New Scale to Measure Extraversion

question 72

Multiple Choice

Ken develops a new scale to measure extraversion. In order to assess reliability, he divides his scale into even and odd numbered items and assesses the degree of correspondence between the two groups. Ken has used the ________ technique.


Definitions:

Short-Run

A period in which at least one of a firm's inputs is fixed and cannot be changed.

Average Fixed Cost

The fixed costs of production divided by the quantity of output produced, which decreases as production increases.

Producing Purses

The activity or business of manufacturing handbags.

Marginal Cost

The cost of producing one additional unit of a product or service, which can inform decisions on how much to produce.

Related Questions